if we have provided some free travelling,meal to staff and medical services to our employees on free basis/ employees benefits during fy 2022-23 and all such free cost services and employee benefits provided by us through unregistered third party vendor and value exceeded rs 20000/- in fyear .whether tds applicable u/s 194r or not? second question if we shall provide same expenses from our self instead from unregistered dealers as a part of salary or over and above salary then section 194r applicable to us or not? whether any rcm liability of gst on employee benefits provided by us directly and provided by unregistered dealers ?
19 April 2023
This section is not applicable to the employees who are receiving any benefits from their employers i.e. (if an Employer-employee relationship exists) then it will be treated under Section 192.
19 April 2023
Sir if it covers in section 192 then tds need to deducted for employees benefits or not? secondly if buy first from unregistered vendors then supply to employees as a free facilities then tds u/s 194 or 192 .Thirdly whether we need to pay gst under rcm for employees benefits purchased from unregistered dealers?
19 April 2023
Sir one more clarification if purchase material/services from unregistered vendor then supplied to employees as a part of benefits and we shall claim expenses in our profit& loss account then we need to deduct tds from unregistered vendor then how can we deduct tds u/s 192?
20 April 2023
okay!! Means we need to deduct tds u/s 194 c for unregistered vendors and 192 from employees for same transaction.By this way it will lead to cascading effect of taxes.Kindly clarify
CAclubindia
